Properties in USA

2 properties in Irion, Mertzon, Texas
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16 & 20 Irion Street, Waterbury, CT 06704

Cash flowing opportunity to own 2 three-family properties for a total of 6 units with an 11.5% CAP rate. 16 has (3) 3 bed units w/approx. 1,090 SF each and #20 has (3) 3 bed units w/approx. 1,220 SF each. Both buildings are 100% occupied. The utilities are separate and tenant paid. Electric heat + gas hot water and gas cooking w/updated electrical. Overall, the properties are updated with vinyl siding, replacement windows and remodeled units. The roof on #16 is approx. 8 yrs-old (30 yr architectural) + new roof on #20 garages. There is off-street parking for each property + 4 car-detached garage for additional income! 16 has washer/dryer hookups in each unit. Value add opportunity: increase rents + rent garages for 14% CAP proforma. Great opportunity for someone looking to start or add to their portfolio. This can also be purchased as part of a larger portfolio
-Source (Mitula)

2404 Irion Avenue

Stunning new construction with modern touches! NO carpet, modern cabinets, ample laundry and pantry, recessed lighting throughout, additional side parking spot, NO EXPENSES SPARED! Completion date is estimated end of April
-Source (Mitula)
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